Head of the Investment Coordinating Board, Bahlil Lahadalia announced Dutch’ FrieslandCampina BV, through its unit Frisian Flag Indonesia aimed to increase their investment around EUR270 million (US$321.43 million) in the country. Other companies has shown their interest to invest in Indonesia are Verstegen Spices & Sauce B.V. and Wavin B.V.

Verstegen will open 40,000 hectares of land for nutmeg plantations in Fakfak and Kaimana regencies, West Papua, which is expected to be realized in 2021. While, Wavin plans to build a factory with a total investment value of $125 million and targeting to start producing in 2022.